Mercialys

Lowered target price but Buy rating maintained

30/05/23 -"Our target price has been revised downward under pressure from our reduced DCF and NAV derived valuations. Our 2023-25 EPS are flat even if we have to concede that higher financial expenses could ..."

PDF page sample
Pages
45
Language
English
Published on
30/05/23
Download
You may also be interested by these reports :
12/12/25
We have refined the estimates and revised the initial EPS slightly upwards, notably to take into account the cancellation of shares recently decided ...
12/12/25
Change in coverage
12/12/25
EPS figures have been refined to reflect Instone’s latest guidance. Expressed in euros, the deviations from net profit are not substantial compared ...
25/11/25
Covivio (SELL; France) manages a €22bn portfolio (€16bn, group share) comprising European hotels, residential units, and offices. Although ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO